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    Greece

    Extended
    Europe · #50 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    59.2▲ +1 YoY
    ●●○0.81IEPA COMPOSITE

    Greece scores 59.2 out of 100 on the IEPA (2024 edition), ranking #50 of 117 economies. That is up 1.0 points on the year before. Its strongest zone is Resilience at 65.5. Its binding constraint, the lowest-scoring of its six zones, is Prosperity Outcomes at 53.2. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420264248546066
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    2010201120122013201420152016201720182019202020212022202400.951.92.853.8
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #50of 145 ranked economies▲ 7 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202449525560
    CAPABILITY RANK · HIGHER IS BETTER
    0.73% / yr
    Implied growth
    Annual growth the current capability base points to.
    248
    Diversity
    Distinct products made at competitive scale.
    +0.52
    Capability score
    Standardized: 0 is the world average.
    +0.90
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Construction, Building, and Home Supplies41 of 104 made · 76% of the rest within reach
    Minerals17 of 48 made · 61% of the rest within reach
    Agriculture49 of 200 made · 60% of the rest within reach
    Textile Apparel and Accessories8 of 50 made · 57% of the rest within reach
    Textile and Home Goods12 of 78 made · 59% of the rest within reach
    Metalworking and Electrical Machinery and Parts22 of 155 made · 46% of the rest within reach
    Industrial Chemicals and Metals13 of 157 made · 32% of the rest within reach
    Electronic and Electrical Goods6 of 73 made · 27% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Textile and Home Goods. This market makes 15% of that cluster today, and 59% of what it does not make sits one step from something it already does.
    READ ON THE 168 OF 248 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Tanks etc. < 300 liters, iron or steelENERGY TRANSITION$7B world market
    Mining, Metals & MaterialsOPENS 0.17 · COMPLEXITY 0.00
    Sausages$7B world market
    Agrifood & FisheriesOPENS 0.15 · COMPLEXITY +0.35
    Prefabricated buildings$11B world market
    Wood, Paper & FurnitureOPENS 0.14 · COMPLEXITY -0.02
    Plastic builders' wareENERGY TRANSITION$16B world market
    Chemicals & PlasticsOPENS 0.11 · COMPLEXITY +0.13
    Cloth of iron or steel wire$5B world market
    Mining, Metals & MaterialsOPENS 0.11 · COMPLEXITY -0.12
    Chocolates$39B world market
    Agrifood & FisheriesOPENS 0.11 · COMPLEXITY -0.21
    THE NEAREST OPTIONS AMONG 373 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-07-17
    600organizations indexed across 10 types · 570 mapped
    Corporate R&D
    188
    Research organizations
    117
    Universities & research bodies
    107
    Health research
    96
    Government bodies
    47
    Fab labs & makerspaces
    13
    Science & tech parks
    12
    Incubators
    8
    Accelerators
    7
    Innovation hubs
    5
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 600 indexed
    Starttech Ventures
    Accelerators · Athens
    INNOVATHENS
    Accelerators · Athens
    HIGGS - Higher Incubator Giving Growth to Sustainability
    Incubators · Athens
    Orange Grove
    Incubators · Athens
    Science and Technology Park of Crete (STEP-C)
    Science & tech parks · Heraklio
    Thess INTEC
    Science & tech parks · Thessaloniki
    Higher Ecclesiastical Academy of Athens
    Universities & research bodies · Kifissia · 2006
    University of Patras
    Universities & research bodies · Pátrai · 1964
    Intermed Pharmaceutical Laboratories (Greece)
    Corporate R&D · Kifissia · 1996
    Hypertech (Greece)
    Corporate R&D · Chalandri · 1997
    Hellenic Emerging Technologies Industry Association
    Research organizations · Agía Paraskeví
    Lambrakis Research Foundation
    Research organizations · Athens · 1991
    Members get the full directory, filters, and exports.See all 600 organizations →

    Greece: common questions

    What is Greece's IEPA score?
    Greece scores 59.2 out of 100 on the IEPA, 2024 edition, which ranks it #50 of 117 economies.
    What is Greece's strongest zone?
    Resilience, at 65.5. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Greece back?
    Its binding constraint is Prosperity Outcomes, at 53.2, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Greece compare with its peers?
    The closest scored peers are Serbia (58.2), Armenia (59.4), Chile (59.7), Latvia (59.7).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Greece →